Are you keeping an eye on your retirement savings? A recent report has shown that Americans are indeed saving more, but there is still room for improvement. Vanguard, one of the largest sponsors of 401(k) … Read more
Are you on track with your retirement savings? The average 401(k) savings rate has reached record levels, signaling that more people are taking their financial futures into their own hands. According to a recent Vanguard … Read more
Are you considering converting your 401(k) to a Roth portfolio to avoid Required Minimum Distributions (RMDs)? While this may seem like a smart tax planning move, it’s essential to carefully evaluate whether it aligns with … Read more
When it comes to planning for retirement, one of the most popular options is a 401(k) plan. But have you ever wondered what happens to your 401(k) account growth if you stop contributing to it? … Read more
Retirement Savings: Comparing 401(k) Balances Across Industries When it comes to retirement preparedness, comparing your 401(k) balance with industry averages can provide valuable insights. At Extreme Investor Network, we believe that looking at industry-specific data … Read more
Welcome to Extreme Investor Network: Your Source for Expert Financial Advice “My early career 401(k)s were used as house down payments.” (Photo subject is a model.) – Getty Images/iStockphoto Expert Financial Advice: Navigating Divorce and … Read more
At Extreme Investor Network, we are always looking for ways to help our readers optimize their personal finance strategies to reach their financial goals. One crucial aspect of financial planning is preparing for retirement, and … Read more
### Unlocking the Secrets to Retirement Savings When it comes to planning for retirement, it’s crucial to have a clear understanding of how much you need to save. While the general rule of thumb is … Read more
Are you on track to becoming a 401(k) millionaire? According to Fidelity Investments, the total average 401(k) savings rate has reached a record high of 14.2%. This increase can be attributed to market gains and … Read more
Are you unknowingly saving more money for retirement? The rise of automation in company 401(k) plans may be the reason behind your increased savings without you even realizing it. Automatic escalation, or auto-escalation, is a … Read more